Credit

We’ve all been guilty – you see something one of your friends is doing or buying and you want it too. Or, what about that new piece of clothing you’ve been drooling for and then suddenly an ad pops up on a social platform and you take it as “the sign” that you should probably go ahead and buy it? FOMO spending is a real thing that could be hurting your bank account and credit score without you even knowing it.

What You’ll Learn

Maizie Simpson is Credit Karma’s Data and News Editor, producing stories to simplify and humanize the oftentimes intimidating world of money and finance and is sharing all her tips to battle against FOMO spending.

How to evaluate whether you’re FOMO spending or you really need an item

How FOMO spending your credit score go hand-in-hand

Did you know that American’s spend over $100 billion more on mortgages than we need to? How can you use your credit score to beat those odds

One of the best ways to raise your credit score and why it matters even if you aren’t purchasing a big-ticket item

How to figure out what bills you’re overpaying on so you can negotiate a better deal (without being a negotiation expert)

Ask Shannah

Sunday Seven Email Club

Millennial Money is more than just a podcast, we’re all about family here. Join us each weekend for our Sunday Seven Email Club, where we’ll share bonus episodes, money tips, life hacks, exclusive music drops, travel deals, breakfast treats, and a whole lotta’ fun!

Get Social

Student loan debt is no joke. If you have student loan debt, you know the stress an anxiety that it can bring on while you’re trying to pay it off. In fact, student loan debt has skyrocketed to nearly $1.5 trillion dollars in 2018. What you need is tips, tools, strategies, and a little push to stay motivated while you’re attacking your student loans.

What You’ll Learn

Travis Hornsby, CEO of Student Loan Planner is with us today to break down some of the myths around student loan debt payoff and share some horror stories with you. This episode is jam-packed with great need to know information including:

How to figure out if your student loan repayment plan is costing you too much

The easiest way to pay off your student loans QUICK

Why you should be collecting the refi bonus – not someone else

What you should be looking for when you’re considering student loan refinancing

Horror stories can teach you a lot, and Travis is sharing a few doozies

Ask Shannah

Sunday Seven Email Club

Millennial Money is more than just a podcast, we’re all about family here. Join us each weekend for our Sunday Seven Email Club, where we’ll share bonus episodes, money tips, life hacks, exclusive music drops, travel deals, breakfast treats and a whole lotta’ fun!

Get Social

There’s really no easier way to say this – your money thoughts have as much of an impact on achieving goals as the actual “how-to’s” and practical advice about money. This is the message I’ve shared since the beginning of the podcast, and it’s one that Michelle Bobrow from the Holistic Walletshares as well.

On This Podcast Episode:

Meet Michelle Bobrow. She’s built a whole brand around mind shifts in all areas of our lives, but particularly finances. Michelle focuses on money psychology to integrate healthy and balanced financial habits into our lives.

Through strategic planning and mindful coaching, Michelle turns numbers into a work of art as she designs holistic budgets and sustainable systems for you to pay off your past, save for your future, and enjoy the present. (YES, that’s what I’m talking about).

We cover some good points:

How the recession impacted her as a college student at the time and the lesson she learned

How you can begin to create powerful money shifts right away

Why non-judgmental talk is the best kind of talk around money

How you can create an awareness of what makes you feel good and what makes you feel like crap around your finances

Thanks To Our Episode Sponsor:

Thanks to Udemy for sponsoring this episode. Go to http://www.ude.my/mymoney right now and get ninety percent off when you sign up for classes! You will not find a better price, so sign-up for classes NOW.

Thanks for Tuning In:

Thanks for tuning in to listen to this episode of Millennial Money. You’re awesome and mean so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast.

Millennial Money is more than just a podcast, we’re all about family here. Join us each weekend for our Sunday Seven Email Club, where we’ll share bonus episodes, money tips, life hacks, exclusive music drops, travel deals, breakfast treats and a whole lotta’ fun!

You’d think when you arrive in the U.S. getting set up financially would be easy. Not so fast. When Warren Hogarth of Empower came to the U.S. from Austrailia in 2004 he quickly realized he was at a disadvantage with all things financial – getting credit and building your credit was no easy task.

On This Podcast Episode:

I had a candid conversation with Warren about his transition to the U.S. and how “the system” attempted to keep him down when it came to his finances. Luckily, he’s sharing some of the money lessons he learned during that time as well as the journey he’s taken to turn the disadvantages into a new app, Empower.

Warren spent eight years as a Partner at the #1 VC firm in the world, Sequoia Capital. They’ve invested in companies like Square, LinkedIn, WhatsApp, and AirBnB, and Warren stood shoulder-to-shoulder with founders to build large, enduring businesses (3 went from zero to over $1 billion).

If you take away one thing for this episode, it should be his best piece of money advice (stay to the end of the episode to hear his inspirational take away).

Shout Out To Our Sponsor:

This episode was sponsored by The Decrypting Crypto Podcast. As Warren said in the podcast episode, learning all you can about Crypto will keep you educated and in a position to make smart money moves. There’s no better podcast than The Decrypting Crypto to help you do just that! Subscribe today in iTunes or any podcast platform.

Thanks for Tuning In:

Thanks for tuning in to listen to this episode of Millennial Money. You’re awesome and mean so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast.

Millennial Money is more than just a podcast, we’re all about family here. Join us each weekend for our Sunday Seven Email Club, where we’ll share bonus episodes, money tips, life hacks, exclusive music drops, travel deals, breakfast treats and a whole lotta’ fun!

The Ask Shannah questions are piling up so today I’m tackling two questions that I feel will resonate with you.

On This Podcast Episode:

Question #1 – How Much Should I Have Invested (and saved) At Certain Ages – while there are some common goals that are often suggested by personal finance experts, there isn’t a hard-fast number for how much you should have invested and saved. Even if you haven’t started yet, now is as good of a time as any. However, in the episode, I’m going to offer some common suggestions you can use to figure out if you’re on track.

Question #2 – Should I Make Weekly Credit Card Payments – well, the most important factor is that you’re making your credit card payment on-time, however, these micropayments have become popular with people trying to better their credit score and pay off debt faster. See what I have to say about making weekly, bi-weekly, or monthly credit card payments.

Shout Out To Our Sponsor:

Whether you’re a serious athlete looking for some new workouts or just starting out you need to give Beach Body on Demand a try. Right now listeners can get a free trial membership when you text MYMoney (no spaces) to 303030 – you get full access to the entire platform for FREE.

Thanks for Tuning In:

Thanks for tuning in to listen to this episode of Millennial Money. You’re awesome and mean so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast.

Millennial Money is more than just a podcast, we’re all about family here. Join us each weekend for our Sunday Email Club, where we’ll share bonus episodes, money tips, life hacks, exclusive music drops, travel deals, breakfast treats and a whole lotta’ fun!

Want More:

With millions of people making a financially themed resolution for 2018 – pay off that debt and save more are the two top resolutions – and recent Fed rate hikes expected to cost credit card users an extra $7.4 billion in interest this year (YIKES), the personal-finance website WalletHub today released a pair of reports that will help you save more in the new year: 2018’s Best Credit Cards as well as the latest Credit Card Landscape Report.

On This Podcast Episode:

To tackle any big financial challenge like paying off debt it’s going to take a game plan and some plain ole’ commitment.

However, that doesn’t mean that you should focus on paying off all the debt all at once – in fact, that can lead to burnout and frustration.

On this podcast episode, I’m chatting with Jill Gonzalez, analyst from WalletHub about some of their recent findings in their Credit Card Landscape report, and how those findings can help you in 2018 be smart and strategic in paying off your debt.

Links Mentioned:

Thanks for Tuning In:

Thanks for tuning in to listen to this episode of Millennial Money. Every listen means so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast.

Want More:

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) and financial strategies may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.

It’s that time of year again to come up with your money game plan for the rest of the year. I can hardly believe it’s back to school time and that the holidays are just around the corner. There’s no better time than now to set a money goal for yourself and craft a money game plan.

On This Podcast Episode:

I’m diving into 8 steps to help you up your money game plan

Find out how long it really takes to better your budget

What’s one easy step you can take today

Set your goals and action plan for success

Links Mentioned:

Thanks for Tuning In:

Thanks for tuning in to listen to this episode of Millennial Money. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media.

Want More:

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) and financial strategies may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive

According to Final — your credit card is broken and they’re here to fix it. Final is the only credit card that puts the consumer back in control of their finances by administering a new number for every merchant, enabling secure payments, eliminating fraud and providing clarity into spending habits.

With 1% cash back on purchases and no annual fee, Final is the credit card for the tech-savvy spender who doesn’t want to hassle with changing their payment info with every vendor when a security breach occurs or a credit card gets lost.

Admittedly, I hadn’t heard about Final until I spoke with Aaron, but I think this is a really cool concept that could definitely change the way we think about credit cards – and put us, the consumers, back in control.

On This Podcast Episode:

I’ll chat with Final CEO and Founder, Aaron Frank, about what Final is up to

Thanks for Tuning In:

Thanks for tuning in to listen to this episode of Millennial Money. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media.

Want More:

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) and financial strategies may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.

We’re in full swing with our summer reboot bringing you one of our most popular credit card episodes – Credit Card Rewards Giving You a Grand. While we’re on hiatus for a few weeks we’re bringing you some of our very best, most popular, and just great episodes for you to enjoy twice a week.

Would you say no to an extra grand? That’s what I thought…

These days credit card companies are offering all sorts of insane credit card rewards sign up bonuses for you, the customer. If you’re not using a rewards credit card, now might be time to investigate. There are tons of ways you can use the rewards points, for instance:

Travel for the Holidays

Exchange points for gift certificates for family and friends

Save on car rental for your summer getaway

Towards airfare to that exotic location you’ve been dreaming of

If you meet certain conditions, credit card reward points could just be the best gift you’ve ever received for spending money. These points are worth cash in your hand.

Power to the Points

A recent study by CreditCards.com (2016), revealed six credit cards with rewards of over $1,000, and tons of other cards with lucrative sign up bonuses. Here are a few of my favorites.

On the Podcast

On this podcast episode, we’re going to dish about the power of credit card rewards points and what they can mean to your wallet, and your lifestyle.

I’ve traveled around the world and stayed at some amazing hotels thanks to credit card reward points. Learn how you can embrace the power of rewards too.

Thanks for Tuning In:

Thanks for tuning in to listen to this episode of Millennial Money. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) and financial strategies may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.

There I said it. I’m a big fan of credit cards for three main reasons: cash back, airline tickets and gift certificates. In my world, credit cards equal powerful rewards that are worth real money in your pocket that can be used towards all sorts of money goals.

The sad news is that only 31% of credit cardholders have never redeemed their credit card rewards, according to a new Bankrate.com report. Cardholders typically gravitate to one extreme or the other, redeeming their rewards points/miles frequently (38% did so within the past 6 months) or not at all.

The most popular redemption is cash back, which makes sense. Airline tickets are a distant second, followed by gift cards. Millennials are much more likely than older adults to choose cash back.

On This Podcast Episode:

Find out why I am a huge fan of credit cards

What you should be thinking about if you have rewards points

Why you shouldn’t shy away from a credit card with an annual fee

How to use your credit card points to achieve your money goals

Thanks for Tuning In:

Thanks for tuning in to listen to this episode of Millennial Money. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media.